Internal auditors who are usually the first line of defence against fraud and other corporate malfeasance should be empowered through appropriate legislation to report irregularities, including making disclosures to shareholders and other stakeholders.

This is the view of Kariem Hoosain, a partner at top-six audit and accounting firm Mazars, who says internal auditors could add more value to the audit process if appropriate legislation was put in place that would empower them to disclose and investigate wrongdoing...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now